French prosecutors investigate DCNS submarines sale to Brazil -Le Parisien

PARIS, May 21 (Reuters) – French financial prosecutors have launched an investigation into a 6.7 billion euro ($7.5 billion) 2008 contract between naval supplier DCNS and Brazil that included the sale of five submarines, French daily Le Parisien said on Sunday. 

The investigation, started in October last year, concerns potential “corruption of foreign officials” and is linked to a Brazilian inquiry dubbed Lava Jato, or Car Wash, that was initiated in 2014 to investigate alleged bribery involving hundreds of politicians and public figures, the paper said without citing sources. 

DCNS said it could not confirm that a French inquiry had been opened and it denied being involved in the Brazilian investigation. 

“We have nothing to do with the Lava Jato case. DCNS scrupulously respects the rules of law around the world,” a spokesman told Reuters.

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